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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

BlackRock-backed Influence Media Partners agrees to buy Anthem music catalogs, while BlackRock-linked effort targets BNY blockchain platform
The Apex Times

THE APEX TIMES

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Tim Cook warns AI could push up prices as leadership transitions to John Ternus on Sept. 1
The Apex Times

THE APEX TIMES

Business / The Apex Times

Tim Cook warns AI could push up prices as leadership transitions to John Ternus on Sept. 1

In what he said would be his final earnings call as CEO, Apple’s Tim Cook used remarks to shareholders to highlight concerns that AI-related costs and product pricing pressures could become a bigger factor for the company’s hardware and services strategy. John Ternus is set to take over as CEO on Sept. 1, with Cook moving to executive chairman.

Aug 1, 4:29 PM EDT